Andersen Consulting Selects Regional Economic Research Inc. to Create Profiling System for the Electric Reliability Council of Texas.Business Editors & Energy Writers SAN DIEGO--(BUSINESS WIRE)--Dec. 14, 2000 Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, Firm to Provide Research for New Texas Electricity Market Regional Economic Research Inc. (RER RER Regione Emilia-Romagna RER Rough Endoplasmic Reticulum RER Respiratory Exchange Ratio RER Real Exchange Rate RER Réseau Express Régional (French commuter rail in Paris) RER Replication Error RER Rental Equipment Register ), a leader in energy forecasting and data analysis, today announced that Andersen Consulting See Accenture. , a leading global management and technology consulting organization which will be renamed Accenture on Jan. 1, 2001, has chosen RER to conduct research for its project with the Electric Reliability Council of Texas  The Electric Reliability Council of Texas (ERCOT) formed in 1970, as the successor to the Texas Interconected System (TIS). (ERCOT ERCOT Electric Reliability Council Of Texas, Inc. ). ERCOT is an industry corporation that administers the Texas intrastate power grid including 65,000 MW of generation capacity and 37,000 miles of transmission lines. RER will analyze an extensive load research database assembled from several utilities operating in Texas. The profiling system will be based on MetrixND, a widely used profile modeling and forecasting system. This component will populate LODESTAR lode·star also load·star n. 1. A star, especially Polaris, that is used as a point of reference. 2. A guiding principle, interest, or ambition. databases with profile backcasts and forecasts on a daily basis. "ERCOT is taking the right approach by developing a single profiling method that will greatly simplify the process for retailers compared to other states, who must interface with multiple systems and approaches," said Stuart McMenamin, executive vice president of RER. "We welcome the opportunity to provide the analysis and modeling engine for the profiling component." ERCOT has retained Andersen Consulting to develop and implement the business systems and procedures so ERCOT can control power flows, gather data on market operations, track commercial transactions, and archive and retrieve data needed to track these activities in a competitive environment. "RER brings industry expertise and software applications to develop and implement the profiling systems needed for ERCOT to transition to the independent organization required by Texas Senate Bill 7," said Phil Crosby Philip B. "Phil" Crosby, (June 18, 1926–August 18, 2001) was a businessman and author who contributed to management theory and quality management practices. Crosby initiated the Zero Defects program at the Martin Company Orlando, Florida plant [1]. , partner in Andersen Consulting's Utilities Practice in charge of the ERCOT engagement. Retail competition in Texas is slated to begin on Jan. 1, 2002, with a "competition pilot" to be launched on June 1, 2001. ERCOT is one of ten regional reliability councils in the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Electric Reliability Council (NERC NERC Natural Environment Research Council (UK) NERC North American Electric Reliability Corporation (Princeton, New Jersey, USA) NERC Northeast Recycling Council NERC National Environment Research Council ). ERCOT today oversees 85 percent of the electrical load If an electric circuit has a well-defined output terminal, the circuit connected to this terminal (or its input impedance) is the load. (The term 'load' may also refer to the power consumed by a circuit; that topic is not discussed here. in Texas. However, under the state's restructuring law enacted in 1999, ERCOT will become the region's independent organization ensuring unbiased access to the Texas intrastate electric transmission and distribution system and serving as a clearinghouse for all electrical transactions. About Andersen Consulting On Jan. 1, 2001, Andersen Consulting, the $8.9 billion global management and technology consulting organization, will change its name to Accenture (pronounced: ak-SEN-chure, as in "accent" + "future"). The firm is reinventing itself to become the market maker, architect and builder of the new economy, bringing innovations to improve the way the world works and lives. More than 65,000 people in 48 countries deliver a wide range of specialized capabilities and solutions to clients across all industries. Under its network of business strategy, the firm meets a full range of client needs -- consulting, technology, outsourcing, alliances and venture capital. Andersen Consulting's home page address is http://www.ac.com. Renamed. Redefined. Reborn. 01/01/01 About ERCOT ERCOT helps keep the lights on in Texas and is one of ten regional reliability councils in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . The organization oversees the operation of over 65,000 megawatts of generation and 37,000 miles of transmission lines in the State of Texas. The primary regulatory authority for ERCOT is the Public Utility Commission of Texas. ERCOT's members include retail consumers, investor and municipally owned electric utilities, rural electric co-ops, river authorities, independent generators, power marketers, and retail electric providers. About RER Founded in 1979, RER is a leader in the areas of forecasting and energy data analysis. The MetrixND product line, introduced in 1998, is the market leader in high frequency forecasting applications. MetrixND is widely used in automated systems to forecast hourly loads, retail customer usage, market prices, and daily gas sendout, as well as to estimate hourly profiles as part of retail settlements systems. RER is headquartered in San Diego at 11236 El Camino Real El Camino Real (Spanish for The Royal Road or The King's Highway) was the name of a series of pre-automobile highways linking the various New World colonies of Spain:
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